$599,000
501 West Ave 702, Austin, TX, 78701
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About this property
Unit 702 at Fifth & West is a luxurious one-bedroom, one-bathroom residence in one of downtown Austin's most desirable condo developments. Inside, the residence boasts an open-concept design with stainless-steel Miele appliances, a waterfall center island, and warm rich cabinetry. The spacious living area is perfect for both entertaining and relaxation, while the serene bedroom provides a tranquil retreat. This elegant residence features a west-facing covered terrace, offering views of Austin’s bustling nightlife and vibrant cityscape below. Fifth & West Residences redefine downtown living with their striking design, effortless ownership, and unbeatable location. Situated in the heart of the Market District, you’ll have the best of Austin within walking distance. Explore the Austin Central Library, indulge in a variety of outdoor dining and nightlife options, browse the shelves at Bookpeople, shop at Whole Foods, or take a leisurely stroll along the hike and bike trail at Lady Bird Lake. Don’t miss this opportunity to own a remarkable property that combines luxurious living, stunning views, and a prime downtown location. Experience the pinnacle of urban living at Fifth & West Residences. Tax and assessed values are estimates for illustration purposes only. All figures should be independently verified.
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Learn About the Market: Opportunity in Austin




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Austin
Austin may be the Live Music Capital of the World, but it’s also one of America’s fastest-growing innovation hubs. Fueled by tech expansion, the University of Texas, state government, and a steady influx of new residents, Austin blends startup energy with Hill Country charm.
From downtown high-rises overlooking Lady Bird Lake to booming suburbs like Round Rock and Leander, the region attracts younger professionals, entrepreneurs, and remote workers seeking opportunity with lifestyle. Austin isn’t just growing — it’s redefining what modern Texas looks like.
Population Growth
~0.4%
Net Migration
Positive
Median Home Price
$555,300
Unemployment Rate
3.20%
Price Trend
~0.4% YoY growth
New Permits
2,269 units
City: Austin
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